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Chinese (SSE) Tech Sector Analysis
UpdatedOct 12, 2025
DataAggregated Company Financials
Companies1002
- 7D-1.9%
- 3M36.0%
- 1Y61.5%
- YTD49.7%
Over the last 7 days, the Tech industry has dropped 1.9%, and Cambricon Technologies contributed the most with a 5.9% decline. Meanwhile, ZTE actually outperformed within the industry, gaining 14% in the last week. In the past year, the industry has gained 61%. Looking forward, earnings are forecast to grow by 40% annually.
Sector Valuation and Performance
Has the Chinese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Oct 2025 | CN¥21.1t | CN¥6.3t | CN¥155.5b | 73.9x | 136x | 3.4x |
| Tue, 09 Sep 2025 | CN¥19.3t | CN¥6.3t | CN¥154.7b | 69.1x | 124.9x | 3.1x |
| Thu, 07 Aug 2025 | CN¥16.8t | CN¥6.1t | CN¥141.0b | 71.3x | 119.2x | 2.7x |
| Sat, 05 Jul 2025 | CN¥15.1t | CN¥6.1t | CN¥139.0b | 62.2x | 108.7x | 2.5x |
| Mon, 02 Jun 2025 | CN¥13.9t | CN¥6.1t | CN¥139.3b | 59.3x | 99.9x | 2.3x |
| Wed, 30 Apr 2025 | CN¥13.9t | CN¥6.0t | CN¥154.2b | 61.1x | 89.9x | 2.3x |
| Fri, 28 Mar 2025 | CN¥15.1t | CN¥5.9t | CN¥168.9b | 64.7x | 89.5x | 2.5x |
| Sun, 23 Feb 2025 | CN¥16.5t | CN¥5.9t | CN¥176.2b | 66x | 93.5x | 2.8x |
| Tue, 21 Jan 2025 | CN¥14.2t | CN¥5.9t | CN¥175.4b | 56.1x | 81.1x | 2.4x |
| Thu, 19 Dec 2024 | CN¥14.7t | CN¥5.9t | CN¥175.4b | 58.9x | 83.7x | 2.5x |
| Sat, 16 Nov 2024 | CN¥14.7t | CN¥5.9t | CN¥175.9b | 56.8x | 83.5x | 2.5x |
| Mon, 14 Oct 2024 | CN¥12.8t | CN¥5.8t | CN¥194.5b | 49.9x | 65.9x | 2.2x |
| Wed, 11 Sep 2024 | CN¥10.1t | CN¥5.8t | CN¥194.3b | 40.3x | 52.1x | 1.7x |
| Fri, 09 Aug 2024 | CN¥10.5t | CN¥5.8t | CN¥226.9b | 41.4x | 46.3x | 1.8x |
| Sun, 07 Jul 2024 | CN¥10.9t | CN¥5.7t | CN¥225.3b | 44.1x | 48.3x | 1.9x |
| Tue, 04 Jun 2024 | CN¥11.4t | CN¥5.7t | CN¥225.5b | 47.8x | 50.7x | 2x |
| Thu, 02 May 2024 | CN¥11.8t | CN¥5.7t | CN¥230.4b | 47.4x | 51.1x | 2.1x |
| Sat, 30 Mar 2024 | CN¥11.9t | CN¥5.7t | CN¥272.2b | 49.1x | 43.6x | 2.1x |
| Mon, 26 Feb 2024 | CN¥11.3t | CN¥5.6t | CN¥271.8b | 46.2x | 41.6x | 2x |
| Wed, 24 Jan 2024 | CN¥11.0t | CN¥5.6t | CN¥264.2b | 48.2x | 41.8x | 2x |
| Fri, 22 Dec 2023 | CN¥12.6t | CN¥5.6t | CN¥263.3b | 56x | 47.7x | 2.2x |
| Sun, 19 Nov 2023 | CN¥13.4t | CN¥5.6t | CN¥262.4b | 58.3x | 51.2x | 2.4x |
| Tue, 17 Oct 2023 | CN¥13.2t | CN¥5.6t | CN¥275.4b | 54x | 47.9x | 2.4x |
| Thu, 14 Sep 2023 | CN¥13.1t | CN¥5.6t | CN¥275.2b | 53.6x | 47.6x | 2.3x |
| Sat, 12 Aug 2023 | CN¥13.4t | CN¥5.4t | CN¥282.4b | 53.3x | 47.6x | 2.5x |
| Mon, 10 Jul 2023 | CN¥14.2t | CN¥5.3t | CN¥280.8b | 56.8x | 50.7x | 2.7x |
| Wed, 07 Jun 2023 | CN¥13.9t | CN¥5.2t | CN¥278.0b | 56.1x | 50x | 2.7x |
| Fri, 05 May 2023 | CN¥13.6t | CN¥5.2t | CN¥277.0b | 52.2x | 49.2x | 2.6x |
| Sun, 02 Apr 2023 | CN¥14.3t | CN¥5.1t | CN¥297.3b | 53.2x | 48.2x | 2.8x |
| Tue, 28 Feb 2023 | CN¥12.9t | CN¥4.9t | CN¥263.7b | 50.4x | 48.8x | 2.6x |
| Thu, 26 Jan 2023 | CN¥12.7t | CN¥4.9t | CN¥267.9b | 47.7x | 47.2x | 2.6x |
| Sat, 24 Dec 2022 | CN¥11.1t | CN¥4.9t | CN¥267.5b | 42.1x | 41.6x | 2.3x |
| Mon, 21 Nov 2022 | CN¥12.3t | CN¥4.9t | CN¥267.3b | 46.9x | 46.2x | 2.5x |
| Wed, 19 Oct 2022 | CN¥11.4t | CN¥4.8t | CN¥279.5b | 40.9x | 40.7x | 2.4x |
Price to Earnings Ratio
40.7x
Current Industry PE
- Investors are optimistic on the Chinese Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 136x which is higher than its 3-year average PE of 64.1x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 18% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Tech sector?
| CN Market | -0.24% | |
| Tech | -1.86% | |
| Communications | -0.34% | |
| Electronic Equipment and Components | -1.18% | |
| Software | -2.01% | |
| IT | -2.30% | |
| Semiconductors | -2.70% | |
| Tech Hardware | -3.70% | |
Industry PE
- Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 168x.
- Analysts are expecting annual earnings growth of 36.1%, which is higher than its past year's earnings decline of 8.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 50% over the next 5 years.
- This is better than its past earnings growth rate of 1.1% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 32% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000063 ZTE | CN¥52.00 | 13.9% +CN¥30.4b | 74.3% | PE32.1x | |
| 002415 Hangzhou Hikvision Digital Technology | CN¥33.91 | 7.6% +CN¥21.9b | 14.4% | PE24.7x | |
| 002156 Tongfu MicroelectronicsLtd | CN¥45.60 | 13.5% +CN¥8.2b | 103.8% | PE90.2x | |
| 601138 Foxconn Industrial Internet | CN¥66.41 | 0.6% +CN¥7.9b | 170.1% | PE49.6x | |
| 000021 Shenzhen Kaifa Technology | CN¥31.72 | 13.8% +CN¥6.0b | 102.2% | PE48.7x |